UBS: Galaxy Entertainment (00027.HK) Mid-term dividend exceeds expectations brings surprise Rating "Buy"

According to the Tencent Finance APP, UBS released a research report stating that Galaxy Entertainment (00027.HK) announced a mid-term dividend of 0.7 Hong Kong dollars per share, higher than market expectations, with a dividend payout ratio of about 58%, compared to the market's expectation of 50%. UBS believes this is a positive surprise and gives a "buy" rating with a target price of 43.9 Hong Kong dollars.